4 ms·
That is a completely different scenario than what would be the case in many areas of the US. In 2012, Amtrak estimated $151 billion to upgrade the Northeast Co
by gwright 7y ago
That is a completely different scenario than what would be the case in many areas of the US.
In 2012, Amtrak estimated $151 billion to upgrade the Northeast Corridor (Washington DC to Boston). Adjusted for inflation that is about $168 billion now. I would assume that the actual price if we proceeded would be much more as I've never heard of a large project like that in the US coming in at the budgeted number.
It is a huge amount of money that can't realistically be recovered by train fares so you have to ask yourself is that the best way to allocate tax dollars? There are lots of other things I would choose to spend $168 billion on and one of them would be not collecting those tax dollars in the first place...